Is the Fed Going to Go Bust?
While the Federal Reserve’s quantitative easing program has not yet caused an increase in inflation, many are concerned that the […]
Central Banks, US Economy
ECB
Banking, Central Banks
A Victory for Common Sense on Banking Union
A new post giving somewhat positive assessment of last night’s Eurogroup announcement on banking union.
Central Banks, Euro Crisis, US Economy
Fed’s Brave Steps Contrast with ECB’s Inertia
Some thoughts on today’s FOMC announcement and the contrast it represents to the ECB’s approach to monetary policy.
Central Banks, Euro Crisis
Draghi Making a Big Mistake on Greek Bonds
After supposedly clarifying their position on equal treatment in relation to their bond purchases, Mario Draghi’s comments on the ECB’s
Central Banks
Trichet Tells CNN: Don’t Publish the ECB’s Secret Letter
The heat seems to increasing on the ECB to release the secret letter to Ireland. In a rare public interview
Central Banks
ECB Secret Letter to Ireland To Be Released?
Proof perhaps that sometimes even a humble blog post can have some impact, it appears that we have had some
Central Banks
The ECB’s Secret Letter to Ireland: Some Questions
By announcing it is only willing to purchase Spanish and Italian government bonds if these governments apply for funding from
Central Banks, Euro Crisis
ECB : We’ll Do What It Takes. Kinda. Sorta. Later.
My thoughts on today’s ECB Governing Council announcements are here.
Central Banks, Euro Crisis
The Secret Tool Draghi Uses to Run Europe
Everyone knows central banks are powerful. When I used to visit Alan Greenspan’s office back when I worked for the
Central Banks, Euro Crisis
ECB Makes Crucial Policy Change on Bank Bailouts
The Wall Street Journal is reporting that the ECB has changed its position on the need to protect all senior